Cement News tagged under: Philippines
Lafarge Republic signs fly ash supply deal, Philippines30 August 2012, Published under Cement NewsLafarge Republic has signed a deal with the provincial government of Bataan and GNPower Mariveles Coal Plant Co to buy fly ash to be produced at the latter’s 600MW power plant. Lafarge Republic (formerly Republic Cement Corp) said the deal will start once the power plant begins producing coal ash and will expire in November 2019. In June, Cemex Philippines signed a deal with Korea Electric Power (KEP) Corp to buy coal ash for around US$/t. KEP operates a 200MW power plant in the centra... |
The Philippines: 1H12 cement sales up 20%21 August 2012, Published under Cement NewsPhilippine cement sales from January to June this year reached 9.54Mt, up by about 20 per cent YoY, according to data from the Cement Manufacturers’ Association of the Philippines (Cemap). Cemap president Ernesto Ordoñez attributed the sales increase to higher infrastructure spending, which was a combination of new infrastructure projects for 2012 and the pent-up demand from last year. The government deferred last year the implementation of various projects for review. This resulted in t... |
Holcim Philippines to construct waste heat facility06 August 2012, Published under Cement NewsHolcim Philippines will construct a waste-to-energy facility to reduce the demand for coal as a cement plant fuel in Davao City. Roland Van Wijnen, chief operations officer of Holcim Philippines, said that the facility will include structures and buildings which are aimed at storing more rice husks, identified as a viable fuel alternative for the cement plant. The plant consumes about 600t of coal to power its cement plant, and only about five per cent are alternative fuel. “Coal eats up... |
Lafarge Republic sees increased market growth, Philippines09 July 2012, Published under Cement NewsHaving witnessed flat YoY sales in 2011, Lafarge Republic (formerly Republic Cement Corp) has said it expects market growth to accelerate on the back of increased government spending on infrastructure. During the company’s annual stakeholders meeting, company president Renato C Sunico, said that almost flat nationwide cement consumption of 15.6Mt last year was due to reduced government infrastructure spending in the first three quarters of 2011. Cement prices also softened during the year... |
Republic Cement Corp changes name, Philippines04 July 2012, Published under Cement NewsIn a disclosure to the Philippine Stock Exchange on Tuesday, Republic Cement Corporation changed its corporate name to Lafarge Republic Incorporated. Also, as part of their by-law’s amendments, their corporate seal shall bear the amended name of the corporation. The Securities and Exchange Commission had earlier approved the change in corporate name. |
Plans to resume new Philippine plant project08 June 2012, Published under Cement NewsAPC Group Inc, an energy and mining holding firm affiliated with Belle Corp, plans to resume a US$200m project in Cebu, Philippines, as the government’s public-private partnership projects spur cement demand. APC chairman and president Willy Ocier said during the company’s stockholders’ meeting on Wednesday that the revival of the cement plant project was among the company aims for 2012. In an interview with the Inquirer, Ocier said the cement plant would have a capacity of 1.5Mta and sho... |
Philippine cement prices edge towards peak levels31 May 2012, Published under Cement NewsPhilippine cement prices are edging up to highs last seen in 2010 of PHP215-220/40kg bag due to higher input costs and increasing demand. Data from the Philippine Department of Trade and Industry showed that the price of cement is PHP205/40kg bag for the Republic and Rizal brands, higher than the PHP185-190 price range in May 2011. “We have managed to increase prices but current level is still lower by 3-5 per cent compared to 2010 suggested retail price due to high input costs and in... |
Philippines: Holcim to reopen Batangas grinding station03 May 2012, Published under Cement NewsHolcim Philippines is reopening its grinding plant in Mabini, Batangas, next year because of the strong local demand for cement. Holcim said it is optimistic that demand for cement will continue to flourish, especially with the government's infrastructure projects and boom in housing. Upon its reopening in 2013, the grinding plant with an existing capacity of 7.7Mta Holcim will spend around PHP400m (US$9.4m) to rehabilitate the factory with an additional 0.5Mta capacity. The Mabini pla... |
Chinese firm to buy 60% of Vulcan Mining for US$21m25 April 2012, Published under Cement NewsPhilippines' China Trend and its owner William Chan Wai Keung have further raised their planned investment in Vulcan Industrial & Mining Corporation by signing an agreement to subscribe to 60% or PHP900m (US$21m) worth of the mining firm's shares. In a disclosure to the Philippine Stock Exchange, Vulcan said Modern Overseas Investment Ltd, a wholly-owned subsidiary of China Trend, had signed a subscription agreement to make a private placement of PHP450m in par value Vulcan shares. Another ... |
Cemex05 April 2012, Published under Cement NewsCemex is to construct a waste heat recovery plant at its Solid Cement’s Antipolo works in the Philippines. This will have a capacity of 6MW and is being constructed by a Chinese company, using it own technology. The company’s US volumes have benefited from favourable weather during the early months of 2012 and during the first two months of the year cement volumes were ahead by in excess of 20%. A US$5/t price increase was introduced in some markets in January and further price increases ... |